Which of the following statements about the relative sizes of store and nonstore retailing is most accurate?
A) Led by a surge in online selling of items such as music, DVDs, books, and electronics, nonstore retailers recently surpassed store retailers in the total volume of sales.
B) Store retailing still holds a modest lead in total sales over nonstore retailing, but the gap is closing rapidly.
C) Store retailing and nonstore retailing are now almost equal in size, but store retailing has been growing more rapidly in recent years. This is because a significant number of consumers are concerned about the lack of privacy and security when buying online.
D) Although nonstore retailers are growing, store retailers remain the dominant source of shopping with more than 90% of total retail sales.
Correct Answer:
Verified
Q92: Which of the following adds value by
Q97: The main distinction among members of a
Q98: People magazine incurs salaries for reporters and
Q100: Consumer perception of quality can be driven
Q101: To make it convenient for final consumers
Q104: What are the two categories of independent
Q107: Big River Electronics is a large online
Q109: Which of the following involves selling products
Q110: Which of the following is a theory
Q113: HP relies heavily on wholesale and retail
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents